Balbir Singh
NEW HAVEN (INDIANA)April 02, 2019 : Multimatic, a global automotive engineering and manufacturing company headquartered near Toronto, announced plans today to expand its Allen County operations by investing over $22 million and creating up to 75 new jobs by the end of 2021, according to a press release issued by Indiana Economic Development Corporation.
“It’s encouraging that companies like Multimatic continue to choose Indiana for growth, again and again,” said Indiana Economic Development Corporation President Elaine Bedel. “Multimatic has a strong Hoosier team – just one of the many strengths Indiana offers manufacturers across the state. I look forward to the company’s continued growth and job creation here, and am confident that our skilled workforce will help propel Multimatic to the next level.”
The company, which also has operations in DeKalb County, announced plans to expand to New Haven less than two years ago. Since then, Multimatic opened its new facility, hired 180 new positions, and is ready to expand again. The company will add 111,000 square feet to its 125,000-square-foot operations at 2808 Adams Center Road in New Haven to allow for additional final assembly operations, meeting increased demand. Multimatic expects the expanded space to be fully operational by the end of 2020.
Multimatic has more than 500 employees in Indiana. To support its expansion, the company plans to begin growing its team immediately by adding production operators, maintenance technicians, robotic/controls specialists, tool and die personnel and more.
“We’ve had tremendous success since opening the New Haven facility,” said Rick Nafziger, general manager at Multimatic’s New Haven plant. “From the talented workforce, to the convenient location, to the strong infrastructure, choosing Indiana has been a good business decision for Multimatic. As the company continues to grow, the New Haven plant plays an important role.”
The Canada-based company engineers and manufactures complex mechanisms, body hardware, suspension system components, body structures and lightweight composite automotive systems. Multimatic also delivers niche vehicle design, development and production for road and race car applications. In additional to General Motors, Ford and Fiat Chrysler, Multimatic counts virtually all major auto manufacturers as customers.
The Indiana Economic Development Corporation offered Multimatic up to $600,000 in conditional tax credits based on the company’s plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The local community will provide additional hiring and training assistance through Northeast Indiana Works. Additionally, the New Haven City Council will consider additional incentives.
“We’re thrilled to see Multimatic’s rapid growth here in New Haven,” said New Haven Mayor Terry McDonald. “We have worked hard to build an excellent environment for business, and this is a sign that those efforts are paying off.”
Indiana is a global manufacturing leader, with one in five Hoosiers working in the manufacturing industry, making Indiana home to the highest concentration of manufacturing jobs in the nation. Indiana’s automotive industry ranks second in the nation by GDP, assembling more than 1 million cars annually and housing more than 500 automotive suppliers.
Founded in 1984, Multimatic is a global enterprise supplying engineered components, systems and services to the automotive industry. The company operates plants and offices in more than ten countries across North American, Europe and Asia, serving automotive original equipment manufacturers worldwide.